Parsonage Lane - CM23 5BA
Key Postcode Insights
CM23 5BA is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 20 addresses.
It ranks as the 683rd largest and 882nd most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £638,836
- 10 Year change
- up 15.9%
- Ave. Rental Price
- £2,205pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £449/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
CM23 5BA is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 20 addresses.
It ranks as the 683rd largest and 882nd most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £638,836
- 10 Year change
- up 15.9%
- Ave. Rental Price
- £2,205pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £449/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Explore Propertiesin CM23 5BA
- 81 Parsonage Lane
Unknown
- 83 Parsonage Lane
Unknown
- 85A Parsonage Lane
4 Bed Mid-century House
- 85B Parsonage Lane
Unknown
- 87 Parsonage Lane
5 Bed Mid-century House
Sales Market Trends
The last sale in CM23 5BA sold for £815,000 on 24th March 2023. Since then prices are down an average of 4.4%.
The current average value in the postcode is £638,836.
The CM23 5BA Sales Market has increased by 15.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £638,836 |
| June 2025 | 2.2% | £656,168 |
| June 2024 | -3.7% | £642,273 |
| June 2023 | -0.2% | £666,869 |
| June 2022 | 8.2% | £667,909 |
| June 2021 | 6.9% | £617,516 |
| June 2020 | 1.5% | £577,651 |
| June 2019 | -1.3% | £568,992 |
| June 2018 | 1.8% | £576,712 |
| June 2017 | 2.7% | £566,277 |
| June 2016 | 11.3% | £551,370 |
| June 2015 | 12.3% | £495,569 |
| June 2014 | 10.6% | £441,119 |
| June 2013 | 1.6% | £398,980 |
| June 2012 | 2.2% | £392,567 |
| June 2011 | 2.2% | £384,159 |
| June 2010 | 13% | £375,934 |
| June 2009 | -12% | £332,762 |
| June 2008 | -0.7% | £378,229 |
| June 2007 | 0% | £380,742 |
Rental Market Trends
The current average rental value in the postcode is £2,205.
The CM23 5BA Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £2,205pcm |
| June 2025 | 6.9% | £2,136pcm |
| June 2024 | 7.1% | £1,999pcm |
| June 2023 | 5.7% | £1,866pcm |
| June 2022 | 7.3% | £1,765pcm |
| June 2021 | 3.8% | £1,646pcm |
| June 2020 | 3% | £1,585pcm |
| June 2019 | 0.8% | £1,539pcm |
| June 2018 | 0.4% | £1,527pcm |
| June 2017 | 3% | £1,521pcm |
| June 2016 | 4.4% | £1,477pcm |
| June 2015 | 8.3% | £1,414pcm |
| June 2014 | 3.4% | £1,306pcm |
| June 2013 | 2.1% | £1,263pcm |
| June 2012 | 2.7% | £1,237pcm |
| June 2011 | 5.1% | £1,204pcm |
| June 2010 | 6.4% | £1,146pcm |
| June 2009 | -4.6% | £1,077pcm |
| June 2008 | 3.5% | £1,129pcm |
| June 2007 | 0% | £1,091pcm |
Sales History
The last sale was on 24th March 2023 for £815,000 and since then the market in the area has decreased by 4.4%. The postcode has had a total of 23 sales since 1995.
CM23 5BA has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£815,000 | 5 Bed House87, Parsonage Lane, Bishop's Stortford, CM23 5BA87, Parsonage Lane, Bishop's Stortford, CM23 5BA
- Sold Aug 2022£620,000 | 4 Bed House113, Parsonage Lane, Bishop's Stortford, CM23 5BA113, Parsonage Lane, Bishop's Stortford, CM23 5BA
- Sold Nov 2021£740,000 | 4 Bed House95, Parsonage Lane, Bishop's Stortford, CM23 5BA95, Parsonage Lane, Bishop's Stortford, CM23 5BA
- Sold Jul 2021£620,000 | 4 Bed House105, Parsonage Lane, Bishop's Stortford, CM23 5BA105, Parsonage Lane, Bishop's Stortford, CM23 5BA
- Sold Mar 2021£420,000 | 2 Bed House109, Parsonage Lane, Bishop's Stortford, CM23 5BA109, Parsonage Lane, Bishop's Stortford, CM23 5BA
Nearby Postcodes
CM23 5BA is the 683rd largest and the 882nd most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5EJ, Manston Drive, Bishop's Stortford, CM23CM23 5EJ40 Addresses|58 m away
- CM23 5BE, Parsonage Lane, Bishop's Stortford, CM23CM23 5BE11 Addresses|74 m away
- CM23 5EN, Manston Drive, Bishop's Stortford, CM23CM23 5EN13 Addresses|127 m away
- CM23 5EL, Manston Drive, Bishop's Stortford, CM23CM23 5EL21 Addresses|153 m away
- CM23 5AE, Church Manor, Bishop's Stortford, CM23CM23 5AE10 Addresses|163 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 9 other addresses of unknown type
- mid-century house (9)
- house (1)
- early-century house (1)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (8)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Oct 2016£2,500,000 | 2 Bed Flat6 Limetree Court, Parsonage Lane, Bishop's Stortford, CM23 5FL6 Limetree Court, Parsonage Lane, Bishop's Stortford, CM23 5FL
- Sold Nov 2023£925,000 | 5 Bed House34, Parsonage Lane, Bishop's Stortford, CM23 5BG34, Parsonage Lane, Bishop's Stortford, CM23 5BG
- Sold Jul 2024£920,000 | 5 Bed House121, Parsonage Lane, Bishop's Stortford, CM23 5BB121, Parsonage Lane, Bishop's Stortford, CM23 5BB
Schools Nearby
- All Saints Church of England Primary School and Nursery, Bishop's Stortford100 m away
- Summercroft Primary School500 m away
- Thorn Grove Primary School1.3 km away
- Birchwood High School400 m away
- Hockerill Anglo-European College600 m away
- The Hertfordshire & Essex High School and Science College1.0 km away
More reading links
Public Transport Nearby
The closest station to CM23 5BA is Bishops Stortford station, which is 1.3 kilometres away.
- Bishops Stortford|1.3 km away
- Stansted Mountfitchet|3.2 km away
- Stansted Airport|6.0 km away
- Elsenham (Essex)|6.1 km away
